In this cycle, BTC Dominance recorded a new ATH in 27th June.
Then, it's been decreasing.
When it comes to the 1st altseason, it lasted for 8 months of the bull market, starting 10 months after the 2nd BTC(Bitcoin) halving date.
How about the 2nd altseason? It formed the Double top pattern in May and November 2022, starting 8 months after the 3rd BTC halving date.
It has a common thing that altseasons ended 18 months after BTC halving dates.
One thing in common is that altseasons ended 18 months after BTC halving dates. I think it's not coincidental and can't be ignored 🧐
This 4th BTC halving occured in April 2024, and October 2025 is 18 months after it.
Of course, I'm also skeptical about the odds that BTC Dominance will be able to collapse by 40% within 4 months 🤔 But, if stablecoins or other themes show great performances, I presume BTC dominance might plummet more.
Additionally, if the Fed starts the rate cuts again, the liquidity-driven market may start first. I don't know whether the real utilities will lead the market or the liquidity will lead it, and then utilities can get spotlighted.
The 1st altseason ended with a H&S(Head&Shoulder) pattern, and the 2nd altseason finished with a Double top pattern.
I don't know what kind of pattern the 3rd altseason will form. However, if it is approaching my target BTC dominance, I will sell a considerable amount.